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The new UCP 600: changes to the tender of the seller's shipping documents under letters of credit

The new UCP 600: changes to the tender of the seller's shipping documents under letters of credit
The new UCP 600: changes to the tender of the seller's shipping documents under letters of credit
Considers the latest revision of the Uniform Customs and Practice for Documentary Credits, the UCP 600, focusing on the articles governing banks' liabilities and responsibilities when shipping documents are tendered for payment under letters of credit. Discusses the incorporation of and derogation from the UCP 600, revocable and irrevocable letters of credit, and the treatment of non-documentary requirements. Examines the basic principles for the examination of documents tendered under letters of credit, the requirement for documents to be the originals, and looks at particular documents, including bills of lading.
bills of lading, documentary credits, letters of credit, shipping documents
0021-9460
329-354
Debattista, Charles
e5f3d95b-4735-459c-a5b8-a6dbc8771939
Debattista, Charles
e5f3d95b-4735-459c-a5b8-a6dbc8771939

Debattista, Charles (2007) The new UCP 600: changes to the tender of the seller's shipping documents under letters of credit. Journal of Business Law, 2007 (4), 329-354.

Record type: Article

Abstract

Considers the latest revision of the Uniform Customs and Practice for Documentary Credits, the UCP 600, focusing on the articles governing banks' liabilities and responsibilities when shipping documents are tendered for payment under letters of credit. Discusses the incorporation of and derogation from the UCP 600, revocable and irrevocable letters of credit, and the treatment of non-documentary requirements. Examines the basic principles for the examination of documents tendered under letters of credit, the requirement for documents to be the originals, and looks at particular documents, including bills of lading.

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More information

Published date: 2007
Keywords: bills of lading, documentary credits, letters of credit, shipping documents

Identifiers

Local EPrints ID: 47533
URI: http://eprints.soton.ac.uk/id/eprint/47533
ISSN: 0021-9460
PURE UUID: c03b67e0-abdb-40e1-9ce2-aba707b9f991

Catalogue record

Date deposited: 03 Aug 2007
Last modified: 15 Mar 2024 09:33

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Contributors

Author: Charles Debattista

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